Linda Mack of Mack International Co-Chairs Opal Financial Group Family Office and Private Wealth Management Forum – West
Linda Mack of Mack International Co-chairs Opal Financial Group Family Office and Private Wealth Management Forum/West and facilitates two exclusive sessions: “Family Office Governance and Sustainable Wealth: Planning for the Next Generations” and “Structuring a Family Office,” October 24-26 at the Napa Valley Marriott Hotel & Spa, Napa Valley, California.
Chicago, IL (PRWEB) October 29, 2012 – Linda Mack, founder and president of Mack International, a premier retained executive search strategic family office consulting firm, co-chaired the Opal Financial Group Family Office and Private Wealth Management Forum – West held October 24 – 26th in Napa Valley, California.
The Forum is one of Opal’s premier events in North America for high net worth individuals and family offices from around the world. Some of the most well established and senior family offices, private investors, money managers and private wealth service providers from around the globe attended for engaging discussions on the latest investment trends and soft issues surrounding current and future family generations.
Linda Mack served on the Advisory Board for the event and also co-chaired the Forum with Natasha Pearl, CEO and Founder, Aston Pearl and Lisa Gray, managing member of Graymatter Strategies, LLC.
In addition, Mack co-led two closed-door family breakfast roundtable sessions with Gray and Lauren Roux, Principal, Gallatin Wealth Management LLC (SFO). They first facilitated a session titled “Family Governance and Sustainable Wealth: Family Governance and Sustainable Wealth Planning for the Next Generations,” and then led a session titled “Structuring a Family Office” the following morning.
Both sessions began with an overview presentation followed by breakout groups for interactive discussions among the families about key trends, challenges and best practices related to the topics. The participants then shared the highlights/interesting perspectives of their respective conversations with the group at large.
“Families enjoy attending these sessions immensely because it provides an opportunity for them to meet and build relationships with one another,” said Mack.”It also provides a closed venue in which they can discuss topics of mutual importance, share best practices and learn from each other’s experiences.”
According to Linda Mack, a number of insights surfaced during the sessions. “The discussions confirmed the importance of ensuring that family office governance practices are aligned with each family’s mission, values, needs and priorities in order to best achieve long-term objectives,” she said. “We also discussed trends in family office structures and the importance of recognizing that they are dynamic versus static. As transitions occur or circumstances change, the structure needs to be reviewed and adapted to ensure it continues to meet each family’s unique needs over time.”
Mack International, LLC, headquartered in Chicago, is a global retained executive search and consulting firm serving clients in the family office/wealth management industry on a national and international basis. For more information, visit www.mackinternational.com or call 800.976.0015.